Seller financing would require them to be able to have enough to pay off the mortgage that they are delinquent to their mortgage holder, and then accept payments from you on the property.

The reason my offer was accepted over another was actually because I didn't require this

Lastly, he will not release the rent roll or leases until he accepts a contract. 

What would be acceptable cashflow here in Hudson County (or even negative) would be sneered at in Allantown, but our appreciation is much greater.

Made an offer on a CA (Los Angeles County) commercial property and got verbal acceptance BUT the listing agent - who is also buyer's agent in this transaction, doublesiding it - is saying the Seller is now making a "Counteroffer" that Seller is a licensed real estate agent which must be signed.

There are laws to follow in order to make your building legally rentable.One is to have a C of A(Certificate of Acceptance) this is decided upon by the state, or county or city where you live.They have to approve this home to be a rental.Then you receive a C of O (Certificate of Acceptance) decided upon again by the local or state or county authorities.

Even if someone is disabled and protected under Fair Housing, that doesn't mean you have to accept their bad/risky behavior.Contact the family and ask them for help getting him out.

It is going for 109,000 I want to try and get it for 90,000.Monthly gross rent-$1650Expenses Tax-264 a monthWater- 100 per month estimatedHeats-100 per month estimated insurance-100 per month estimatedvacancy-115.50 (7%)Capex 82.50 (5%)Repairs 148.50 (9%)Management 165 (10%) P&I 386.51Garbage 50 per month estimatedTotal 1,511.68 Monthly Cash flor 138.32COC- 6.64% Pro Forma cap rate-4.84%purchase cap rate- 7%2% rule 1.70I don't know if the seller would accept 90,000 but its a smaller place needing updating and has been on the market for about 130 days.

Mini accountant rant...If the difference between acceptable NOI and unacceptable NOI is the cost of lawn care, the investor isn't an investor.

I browsed your website and looks like you only accept cash payment, I do not plan to pay all by cash and prefer financing.